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Going into a new year, professional and smart investors have combed the crypto market for cryptocurrencies valued under $1 that could become top altcoins in the future. Three coins at the top of their list include Cardano, Dogecoin, and Pullix.
Dogecoin (DOGE) Joins Market Uptrend
Dogecoin (DOGE) price has greatly recovered from its prolonged downtrend. This recovery comes amid the revival in the crypto market fueled by the SEC’s latest stance on spot Bitcoin ETF.
To the surprise of many, the US SEC had approved all 11 Spot Bitcoin ETF applications. This event sparked a rally in the market, and the meme coin, Dogecoin, was part of this rally.
According to CoinMarketCap, the price of Dogecoin has pumped 11.0% to $0.08654. If Dogecoin bulls can maintain the price rally, it could regain control of the $0.1 price level. If not, the meme coin could fall back to the $0.07 price level and even to $0.06.
Cardano (ADA) About To Break $0.6 Resistance Level
Ali Martinez, a top crypto analyst, had noted a positive pattern on Cardano’s (ADA) daily chart, indicating a likely rebound to $0.70. This spike is expected to follow a breakthrough of the $0.55 resistance level, boosting the token’s value further higher.
Martinez’s analysis indicates a recent encounter with the 0.618 Fibonacci retracement level, an important indicator in technical analysis. This interaction is a significant aspect that could boost Cardano’s price higher.
Currently, the Cardano coin has jumped 18.6% on Thursday to $0.5948, a few cents from the $0.6. Ali Martinez’s price prediction had played out, making the rise to $0.70 feasible.
Pullix (PLX) Could Soar Above $1 in 2024
Pullix (PLX) is causing a stir in 2024. In its crypto ICO, it has sold out stages 1 through 5 of its presale and is now at stage 6, raising $3,640,266 in funds during this time. The hybrid exchange combines the greatest aspects of traditional and decentralized finance into a single platform.
This means that you can trade commodities, equities, cryptocurrencies, and even indices all on the same platform. Here are some great features available on Pullix:
- Try your hand at margin trading with a variety of assets. You can even get leverage of up to 1000:1.
- You gain complete control over your digital money and private keys, providing ownership and peace of mind.
- Enjoy trading without being concerned about large price discrepancies between buying and selling. There are no commissions to pay.
The DeFi swap tool is one of Pullix’s main attractions. This functionality makes it easier and less expensive to exchange digital tokens. It is simple to use, with cheap fees and speedy transfers. You can also exchange tokens without the use of an intermediary.
Pullix’s primary digital currency is PLX. Pullix has taken certain initiatives to keep the PLX price steady. They reinvest 10% to 30% of their earnings to promote PLX.
Additionally, they frequently burn tokens to lower the quantity of PLX tokens in circulation. In the world of cryptocurrencies, Pullix is quickly establishing itself as one of the top altcoins. PLX is presently trading at $0.08 during its sixth presale round.
Closing Thoughts
If you’re trying to purchase tokens for less than $1, Cardano, Dogecoin, and Pullix are good options. Pullix won’t stay below $1 for too long, though. In less than a month, it will launch and be listed on CEXs.
Its price is expected to increase by 100x at that point, shattering beyond $1. Remember that the Pullix crypto ICO is selling quickly despite the impending project launch. Seize the chance to participate in something special.
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Serena James has worked as a writer for different media houses in the past. Currently, she is working as a fundamental writer for thecoinrepublic, covering decentralized finance. When she isn’t writing, she can be found skimming and scanning Twitter and other websites to produce mind blowing breaking stories.
